FARMERS COMPRESS

Operated by TKP PETROLEUM, INC. (P-5 860891) in the RULE (5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24944District 7BField 78877700OilCasinghead gasSaveExport
Value, all time
$687 k
Jan 1993 – Oct 2010
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
214
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 12 leases and 20 wells, and the rule below applies to all of them.

Discovered
1987-07-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-12-01.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition28,619 bbl$687,406
Casinghead gasProduction21 Mcf$0
Total$687,406

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.1925, -99.8919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19247, -99.89186 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,072 ft
1 wells filed one
Completion to plug
22.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,072 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Sep 2010
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2073193815,072 ftMay 1988Sep 2010Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (214)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

214 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201050071.124.24$3,556
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005173054.6910.59$9,461
Oct 2005167058.3413.80$9,743
Sep 2005349061.4512.08$21,446
Aug 2005168061.519.80$10,334
Jul 2005344055.697.84$19,157
Jun 20050052.337.38$0
May 2005150045.226.65$6,783
Apr 20050049.207.36$0
Mar 2005168050.377.15$8,462
Feb 20050045.226.31$0
Jan 2005154043.166.32$6,647
Dec 2004166039.866.75$6,617
Nov 2004158045.286.33$7,154
Oct 2004144049.706.52$7,157
Sep 2004153043.245.28$6,616
Aug 2004170042.375.55$7,203
Jul 2004166038.286.08$6,354
Jun 2004330036.106.43$11,913
May 2004177037.486.49$6,634
Apr 2004165034.475.86$5,688
Mar 2004329034.365.53$11,304
Feb 2004167032.455.51$5,419
Jan 2004341032.036.30$10,922
Dec 2003176030.266.30$5,326
Nov 2003351028.804.60$10,109
Oct 2003340028.174.76$9,578
Sep 2003178026.314.75$4,683
Aug 2003343029.765.13$10,208
Jul 2003339029.415.17$9,970
Jun 2003153028.565.98$4,370
May 2003165026.595.97$4,387
Apr 2003340026.675.41$9,068
Mar 2003332031.146.10$10,338
Feb 2003172033.487.93$5,759
Jan 2003339030.315.58$10,275
Dec 2002333026.914.85$8,961
Nov 2002319024.664.14$7,867
Oct 2002343026.464.23$9,076
Sep 2002166027.443.64$4,555
Aug 2002464025.963.16$12,045
Jul 2002315024.583.06$7,743
Jun 2002164023.733.34$3,892
May 2002333024.663.58$8,212
Apr 2002327023.653.51$7,734
Mar 2002347022.003.10$7,634
Feb 2002171018.222.38$3,116
Jan 2002340017.172.38$5,838
Dec 2001317016.932.36$5,367
Nov 20010018.072.41$0
Oct 2001335019.782.53$6,626
Sep 20010024.262.25$0
Aug 2001362024.873.05$9,003
Jul 2001169023.933.20$4,044
Jun 2001177024.563.82$4,347
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001160024.545.38$3,926
Feb 2001146027.755.77$4,052
Jan 20010027.478.40$0
Dec 2000167026.889.12$4,489
Nov 20000032.215.66$0
Oct 2000167031.235.15$5,215
Sep 20000031.875.19$0
Aug 2000164029.644.54$4,861
Jul 2000164028.534.09$4,679
Jun 2000170029.304.40$4,981
May 2000168027.263.68$4,580
Apr 2000163024.513.12$3,995
Mar 20000028.422.86$0
Feb 2000157027.622.73$4,336
Jan 2000325025.272.48$8,213
Dec 19990024.282.42$0
Nov 1999177023.192.43$4,105
Oct 19990020.982.80$0
Sep 1999180021.752.62$3,915
Aug 19990019.262.88$0
Jul 1999179017.892.37$3,202
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999178015.102.21$2,688
Mar 19990012.471.84$0
Feb 199916709.981.82$1,667
Jan 1999353010.381.90$3,664
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998175012.421.97$2,174
Sep 1998175012.592.08$2,203
Aug 19980011.301.91$0
Jul 1998179011.742.24$2,101
Jun 1998175011.242.24$1,967
May 1998176012.622.21$2,221
Apr 1998173013.042.51$2,256
Mar 1998171012.802.31$2,189
Feb 1998167013.952.30$2,330
Jan 19980014.702.15$0
Dec 1997174016.322.41$2,840
Nov 1997178018.193.09$3,238
Oct 1997178019.253.15$3,427
Sep 1997170017.742.95$3,016
Aug 1997177017.862.55$3,161
Jul 1997159017.582.25$2,795
Jun 1997179017.242.26$3,086
May 1997180018.972.31$3,415
Apr 1997165017.882.08$2,950
Mar 1997161018.951.94$3,051
Feb 1997170020.492.21$3,483
Jan 1997342023.483.54$8,030
Dec 1996175023.32$4,081
Nov 1996184021.97$4,042
Oct 1996183023.31$4,266
Sep 1996179022.22$3,977
Aug 19960020.26$0
Jul 1996180019.55$3,519
Jun 1996162018.73$3,034
May 1996182019.43$3,536
Apr 19960021.51$0
Mar 1996336019.38$6,512
Feb 1996157016.98$2,666
Jan 1996170017.07$2,902
Dec 1995175017.19$3,008
Nov 1995160016.00$2,560
Oct 1995335015.43$5,169
Sep 19950016.18$0
Aug 1995339015.92$5,397
Jul 1995191015.24$2,911
Jun 1995162016.41$2,658
May 1995166017.56$2,915
Apr 1995324017.73$5,745
Mar 1995174016.44$2,861
Feb 1995164016.58$2,719
Jan 1995169015.92$2,690
Dec 1994164015.03$2,465
Nov 1994345015.90$5,486
Oct 1994318015.58$4,954
Sep 1994162115.29$2,477
Aug 1994176116.13$2,839
Jul 1994161117.56$2,827
Jun 1994329117.09$5,623
May 1994160115.88$2,541
Apr 1994339114.14$4,793
Mar 1994320112.46$3,987
Feb 1994319112.50$3,988
Jan 1994179112.66$2,266
Dec 1993157112.33$1,936
Nov 1993164114.49$2,376
Oct 1993150115.85$2,378
Sep 1993324115.03$4,870
Aug 1993165115.66$2,584
Jul 1993339115.46$5,241
Jun 1993175116.79$2,938
May 1993347117.68$6,135
Apr 1993351118.05$6,336
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2010 — as filed, then multipliedworked
Oil                   50 bbl  × $ 71.12 =     $3,556
Casinghead gas         0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $3,556

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/O/24944 is the state's own key, not one this site invented.